Jun 30, 2024

Fidus Investment Q2 2024 Earnings Report

Announced financial results for the second quarter ended June 30, 2024.

Key Takeaways

Fidus Investment Corporation reported a total investment income of $35.7 million and a net investment income of $17.0 million, or $0.53 per share, for the second quarter ended June 30, 2024. The company invested $62.4 million in debt and equity securities and received proceeds from repayments and realizations of $43.1 million.

Total investment income of $35.7 million

Net investment income of $17.0 million, or $0.53 per share

Adjusted net investment income of $18.4 million, or $0.57 per share

Net asset value (“NAV”) of $646.8 million, or $19.50 per share, as of June 30, 2024

Total Revenue
$35.7M
Previous year: $30.6M
+16.7%
EPS
$0.57
Previous year: $0.62
-8.1%
NAV per share
$19.5
Previous year: $19.1
+1.9%
Repayments and Realizations
$43.1M
Previous year: $60.6M
-28.9%
Investment Activity
$62.4M
Previous year: $95.8M
-34.9%
Cash and Equivalents
$48.3M
Previous year: $38M
+27.2%
Free Cash Flow
$16.7M
Total Assets
$1.15B
Previous year: $982M
+16.6%

Fidus Investment

Fidus Investment

Fidus Investment Revenue by Segment

Forward Guidance

The board of directors declared a base dividend of $0.43 per share and a supplemental dividend of $0.14 per share for the third quarter.